Belmont Club

By Richard Fernandez

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The road to serfdom

July 18, 2008 - 4:30 pm - by Richard Fernandez
RWE
2008-07-19 05:50:35

Actually, it’s not slavery, folks.

The old slavemasters of the Antebellum South used to require that the slaves work for them 1/3 of the time and use the other 2/3 of their time to care for their own needs.

Don’t know about y’all, but I shell out in excess of 50% of my real income to various governments in the form of taxes. Aside from that, I have to comply with all sorts of costly, complex, and aggravating regulations. If you really want to get crossways with the government as many ways as possible, go buy an airplane.

A study done by some U.S. senators in 1993 showed that for every dollar collected in taxes the private sector had to spend another 40 cents complying with government tax regulations. And those are just the tax regulations.

The slaves had it easy.